Corrections
When a figure, rule or statement on Calcnomy turns out to be wrong, we fix it and record it here: the date the fix went live, what the page said and what it says now. Routine updates, such as a new quarterly interest rate or a new Budget, are not corrections and are not listed. Our standards are in the editorial policy.
Professional Tax Calculator
Corrected 10 November 2026
What was wrong: Several state schedules were out of date: Karnataka showed ₹150 between ₹15,001 and ₹25,000 (it is nil below ₹25,000); Kerala used old half-yearly bands; Odisha was still charged after its abolition from April 2026; Bihar's bands were wrong; West Bengal lacked the slabs in force from October 2026; and Punjab was listed as having no professional tax.
What we changed: All schedules now come from one checked table with sources. Karnataka, Kerala, Bihar and West Bengal (old and new slabs) are corrected, Odisha is shown as abolished, Punjab's ₹200 levy is included, and states whose current schedule we could not confirm are listed without figures instead of estimated.
In-Hand Salary Calculator
Corrected 5 November 2026
What was wrong: The calculator and page still capped EPF at 12% of a ₹15,000 wage ceiling (₹1,800 a month) after the government raised the ceiling to ₹25,000 from 17 September 2026. The capped take-home figures were too high, for example ₹93,795 a month on a ₹12 lakh CTC.
What we changed: EPF is now capped at 12% of ₹25,000 (₹3,000 a month), read from our facts file, and every capped figure in the table is recomputed: ₹91,395 a month on a ₹12 lakh CTC.
Salary Hike Calculator
Corrected 5 November 2026
What was wrong: The in-hand comparison assumed EPF on the old ₹15,000 wage ceiling, and said income tax starts at about ₹13.28 lakh CTC.
What we changed: The calculator uses the ₹25,000 ceiling in force from 17 September 2026. The table is recomputed, and tax now starts at about ₹13.43 lakh CTC on the same assumptions.
Pension Calculator
Corrected 5 November 2026
What was wrong: The EPS mode gave the 2 bonus years only for service above 20 years, not at exactly 20, and capped pensionable salary at ₹15,000 after the cap rose to ₹25,000.
What we changed: Bonus years now apply at 20 years or more, the cap is ₹25,000 with a note that EPFO has not said how earlier service counts, and the maximum EPS pension is shown as about ₹13,214 a month.
Retirement Corpus Calculator
Corrected 5 November 2026
What was wrong: The employer's EPF share was taken as 3.67% of the full basic + DA, which understates it when basic is above the wage ceiling; the EPS pension used the ₹15,000 cap and left out the 2 bonus years.
What we changed: The employer's EPF share is now 12% of basic + DA minus 8.33% of basic up to the ₹25,000 ceiling, and the EPS estimate uses the ₹25,000 cap and the bonus years.
Pension Calculator
Corrected 4 November 2026
What was wrong: The NPS mode required at least 40% of the corpus to buy an annuity, and counted the same contribution twice when working out tax savings (a ₹60,000 contribution was treated as ₹1.1 lakh of deductions). The page also said the whole 80% lump sum was tax-free under a 2024 amendment.
What we changed: Non-government subscribers now need only 20% in an annuity, as under PFRDA's December 2025 rules (40% for government employees). The ₹50,000 extra deduction is applied first and the rest of the contribution within the ₹1.5 lakh limit, labelled as old regime only. The page now says only the lump sum up to 60% of the corpus is tax-free.
Retirement Corpus Calculator
Corrected 4 November 2026
What was wrong: The retirement stack split the NPS corpus 60% lump sum and 40% annuity, and the page described the 40% annuity rule as current.
What we changed: The calculator and page now use the December 2025 rules: up to 80% lump sum and at least 20% annuity for non-government subscribers, with only 60% of the corpus tax-free.
Advance Tax guide
Corrected 4 November 2026
What was wrong: The interest example said interest for unpaid advance tax for Tax Year 2026-27 runs from April 2026, and gave a vague ₹15,000–₹25,000 total.
What we changed: Interest for missing advance tax (formerly Section 234B) for Tax Year 2026-27 runs from 1 April 2027. The example is now worked out instalment by instalment: ₹18,100 on ₹2 lakh of tax.
Professional Tax Calculator
Corrected 23 October 2026
What was wrong: The page said professional tax is deductible from salary in both tax regimes.
What we changed: It is deductible only in the old regime; in the new regime the standard deduction is the only deduction from salary. The FAQ, worked example and calculator text were corrected.
Statutory Bonus Calculator
Corrected 23 October 2026
What was wrong: The calculator applied fixed ₹21,000 eligibility and ₹7,000 calculation wage ceilings, which are not set in the Code on Wages, 2019.
What we changed: The wage ceiling is now an optional input, because under the Code it is left to government notification.
Spotted an error? Email [email protected] with the page, what it says and what you believe is correct, with a source if you have one.